Flaherty & Crumrine Total Return Fd Inc (NYSE:FLC) declared a monthly dividend on Friday, January 25th, Wall Street Journal reports. Shareholders of record on Friday, March 22nd will be given a dividend of 0.115 per share on Friday, March 29th. This represents a $1.38 dividend on an annualized basis and a yield of 7.10%. The ex-dividend date is Thursday, March 21st.
Flaherty & Crumrine Total Return Fd has decreased its dividend by an average of 4.2% per year over the last three years.
Flaherty & Crumrine Total Return Fd stock opened at $19.45 on Wednesday. Flaherty & Crumrine Total Return Fd has a 52 week low of $16.35 and a 52 week high of $20.05.
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About Flaherty & Crumrine Total Return Fd
Flaherty & Crumrine Total Return Fund Inc is a closed-ended balanced mutual fund launched and managed by Flaherty & Crumrine Incorporated. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in stocks of companies operating across utilities and banking sectors.
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